Understanding the Carbon Oxide Sequestration Tax Credit

On January 6, 2021, the IRS posted final regulations concerning the credit for carbon oxide sequestration under section 45Q. These final regulations provide certainty for developers and investors on credit eligibility requirements, and largely follow the proposed regulations with some favorable changes—most notably the credit recapture period has been shortened from five years to three years.

Join members from the KPMG Washington National Tax energy team for a guided discussion on compliance and planning opportunities companies may be considering as they analyze this new guidance. During this webcast, we will also provide insights as to areas of continued uncertainty and the potential for future guidance.

We also invite you to read our recent report on Final regulations on carbon oxide sequestration credit.

KPMG Report: Final regulations on carbon oxide sequestration credit

Webcast topics include:

• Level setting the credit
• What changes matter?
• Types of players relevant
• Explore types of issues we are seeing/expect to see